Everyone would love to live in their home and not face any problems from pests such as rats and cockroaches running around unexpectedly – especially in front of guests. But an even bigger problem beyond embarrassment is a reduction of the value of your property due to damage pests may cause, or simply the presence of the infestation itself.

Spring is really the time these pests multiply in number, so most of the time April is set apart as a month for managing and doing-away with them. If care is not taken during this period, there may be a negative impact on your property for the rest of the year.

These little pests and rodents can cause a serious devalue of your property by chewing through walls, floors and even electrical wires. It gets a whole lot harder to control theses pest once they find their way into your home. Statistics show that termites cost more than five billion dollars in property damage each year.

Rodents such as rats can cause serious damage and even cause house fires if they chew through electric cables or build their nest beside heat sources. They can be extremely difficult to keep out as they can crawl through spaces and holes as small as cent piece. To control a rodent infestation, seal up cracks and small holes in your home and ensure a proper drainage system at the foundation of your house.

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Home buyers can also be scared to purchase your property because of infestations of pests such as mosquitoes, ticks, cockroaches and stinging insects. These pests which carry diseases and have been known in extreme cases to send people to the emergency ward are a major factor homebuyers would consider before purchasing a house, especially if they have kids and pets which could get easily infected. If any indication of infestation from these kinds of pests exists, please make sure to call an exterminator or a pest professional to handle this issue before it gets out of hand.

The National Pest Management Association (NPMA) suggests that homeowners follow these tips to prevent pest infestations:

  • Seal all cracks and small holes in windows, doors and along the foundation of the house.
  • Repair leaky pipes or fixtures and eliminate any source of standing water that can serve as a breeding ground for insects.
  • Trim trees and bushes close to your living space and cut any branches having direct contact with your house.
  • Clean your gutters.
  • Always clean your yard and remove accumulated leaves and debris.
  • Keep your kitchen especially clean by wiping the counter tops, tables and always empty the trash. Always seal containers carrying food.
  • Keep indoor and outdoor garbage containers sealed and clean.
  • Put screens on your windows and doors.
  • Clean cluttered garages, sheds and storage areas where pests can build a nest or otherwise establish themselves.

If you have wooden floors and always, it is advisable to spray them with insect repellant from time to time.

Applying these preventive methods can help you save both the value of your house and your health. This can stop an infestation even before it begins, and it is always easier to prevent a problem than solve it once it occurs.

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Commercial real estate is one of three main types of real estate. This type of real estate has to deal with real estate property solely used for business purposes, such as office parks, restaurants, and malls. There are four different types of commercial real estate leases with each requiring different responsibilities of landlord and tenant.

A gross lease lets the tenant pay only rent and the landlord pays for property tax, insurance, and maintenance. A single net lease requires a tenant pay rent and property taxes.  A double-net lease requires a tenant pay rent, property tax, and insurance. Lastly, a triple-net lease pay requires a tenant to pay rent, maintenance, property taxes and insurance.

Investors are greatly encouraged to invest in this type of real estate and here are some of the reasons to do so.

Commercial real estate property always garners a higher rent per square foot than residential real estate property and therefore commercial real estate property is ideal for investors with the goal of making more money.

New Commercial Real Estate

Commercial risks and possibilities

 

Commercial real estate has a lower vacancy risk, because of the availability of several units, the possibility of having a vacant space is less likely than with residential and single-tenant real estate property.

Most investors are not comfortable with larger investments such as office buildings. There is less competition from investors in the commercial real estate business.

Owners of commercial real estate properties are less emotional about selling their property than homeowners and are more flexible to the market. This means the sales of property is mainly from a business perspective.

Investing in commercial real estate provides the owner a type of tax shelter through depreciation and maintenance of the building. The depreciation write-off allowed by the IRS shelters your business income.

As described earlier with the different types of lease options, you can get tenants to pay most, if not all of the business operating expenses, which is a very common occurrence in the commercial industry. Plus, most lease agreements include landlords getting a percentage bonus from extra sales made by sellers during the time period allocated.

Rent payments from tenants provide the owner with cash to pay the mortgage of the buildings.

Investors get financial leverage with long-term financing combined with partial seller financing.

Long term investment in this type of real estate provides owners with capital appreciation and increased return cash on investment, because of the higher rental rates over time.

Here are only some of the advantages investors in commercial real estate properties have over residential real estate properties. With the tenants paying almost all expenses lets the owner to relax and have time to take care of other businesses or go on vacation, relax or invest in other fields.

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It’s All About Converting Real Estate Leads

August 8, 2012

Real estate agents must always be prospecting for new leads and then turning them into sales in order to stay in business. Capturing leads is just one part of the process. Once you get the lead, you must act upon it so you don’t lose the prospect to another agent. The most efficient way of […]

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What Makes A Good Real Estate Agent?

August 6, 2012

Finding a good real estate agent who you trust and who is knowledgeable about a particular neighborhood or area is important when buying or selling real estate. A local real estate agent is familiar with the properties in that agent’s area. Choosing a company that has name recognition in the area is also important. There […]

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Why Rising Real Estate Prices Are Not On Everyone’s Wish list

August 1, 2012

Why rising real estate prices are not on everyone’s wish list I read a lot of real estate related material – articles, blogs, research and reports – and all seem to have this underlying assumption that I have a hard time with. Most cheer when prices of real estate go up and seem to want […]

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Why Work With Partners In Real Estate Investment

August 1, 2012

This is number eight in our ongoing series on creating your own real estate investment business plan. Teaming up with partners helps to reduce your initial investment and your ongoing maintenance because you and your partner can split the down payment and closing costs as well as the other carrying costs. You and your partner […]

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The Best Ways To Increase House Value

July 30, 2012

Maintaining your house and increasing its value benefits you and your neighbours. No one wants to live in a neighbourhood where the homes are run down and the yards are overgrown. Keeping your house in good condition inside and outside also adds value to your neighbor’s home and vice-a-versa. Statistics show that homes that are […]

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Should You Buy Real Estate With Cash Or Seek Finance?

July 27, 2012

This is number seven in our series on formulating a real estate investment business plan. Deciding on how you are going to pay for your property is absolutely crucial. You will need to decide whether you will be using your own money or other people’s money to investment in your mobile home community. Keep in […]

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How Accurate Is A Property Appraisal?

July 25, 2012

Since home appraisals are estimates of a home’s worth based upon current market conditions, just how accurate is an appraisal? Appraisals are written reports that are prepared by certified and trained individuals who must complete certain education and job training. Appraisers must adhere to the Home Valuation Code of Conduct or HVCC (the “Code”) for […]

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Appreciation And Cashflow: The Foundation of Real Estate Investing

July 23, 2012

This is number six in our series on building a real estate investment business plan. Appreciation is the increase in the value of your property over time from when you purchase the property until you sell it. Economic factors control whether a property goes up or down. Unfortunately, real estate investors have no control over […]

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